Download PDF
Market: Abu Dhabi Symbol: MULTIPLY ISIN: AEM001001019 Industry: Financials

About Multiply Group P.J.S.C.

With its trademark growth mindset, Multiply Group PJSC is an Abu Dhabi-based holding company that invests in transformative cash-generating businesses it understands. Multiply Group will continue to deploy capital across its two distinct arms, both of which follow a disciplined approach to investing and ensure consistent, sustainable value creation for our shareholders in the short-medium and long-term:

MULTIPLY
The investments and operations in long-term strategic verticals, currently Mobility, Energy and Utilities, Media and Communications, Beauty and Wellness, and Fashion and Living. Anchor investments provide long term recurring income, through which bolt-on acquisitions are made. 

MULTIPLY+
A flexible, sector-agnostic and opportunistic investment arm.

Share data 06/12/2024
Currency AED
Volume 29,713,139
Previous Close 2.08
Number of Shares 11,200,000,000
Change (%) 5.05
Market Cap 23,296,000,000

Multiply's value creation model

Supportive ecosystem brings in multiple synergies ► Access to high-profile deals
► Financial flexibility on a wide network of lending banks
► Attracting high-caliber talent
   
Clear framework to identify targets ► Attractive sectors disrupted by favourable megatrends
► Scalable companies with strong market positioning
► Financially accretive assets with strong cash generation and growth potentials
► In-house Investment Team with significant deal sourcing, valuation, due diligence and execution capabilities
   
Active board representation reinforced by a dedicated in-house team to drive value creation ► Defining overarching strategic direction per vertical
► Providing operational insights, network connections and knowledge transfer across portfolio companies
► Embedding growth and transformation mindset to unlock sustainable growth
► Developing and implementing value creation initiatives
► Deploying a comprehensive digital transformation approach
   
Highly experienced and growing team ► Strong and accountable leaders across verticals with growth-oriented mindset and proven track record
► Significant experience and know-how per portfolio company
► Targeted talent acquisition focused on vertical expertise
   
Deploying capital for profitable growth ► Strong cash flow generation
► Robust liquidity position
► Healthy balance sheet
Financial Highlights (AED MN) 2021 2022 2023
P&L Statement      
Revenue 372 1,126 1,294
Gross Profit 211 569 663
Adjusted EBITDA1 213 716 1,623
Adjusted Net Profit1 168 468 1,114
Reported Net Profit 225 18,563 552
Balance Sheet      
Total Assets 11,604 41,206 42,159
Total Equity 10,726 29,381 30,187
Net Debt (3,175) 7,430 8,033
Net Debt / Equity (x) (0.30) 0.25 0.27
Cash Flow Statement      
Net cash flow from operating activities (35) 857 997
Net cash flow from investing activities (1,558) (11,537) (1,755)
Net cash flow from financing activities 5,026 8,070 1,041
1. Adjusted EBITDA & Adjusted Net Profit exclude unrealized changes in fair value of investments
Supplied by ©